HEXIND developed VCP with below contraction on the left:
On the right, price breakout with volume on 2 Sep. Correction occur to test new support on 12, 13, 14 Sep.
After correction, price and volume setup again with 6.5% RISK.
Let's see how it will develop.
Can refer to my previous VCP sharing link below for CFM,...
I covered TM for VIP members back in 13 Aug when i see the stocks entering from stage 4 to stage 2. (Screenshot)
There is a cheat buy area on 15 Aug as the volume start flowing in. Price solid breakout on 16 Aug. Price experience correction before QR release.
After good QR released, market got good respond and price went back up. Currently price under natural...
PTRANS i first traded during 27 Jun when the price breakout from VCP with contraction below:
On 15 Jul, huge candle price range with volume trigger me to execute sell out. Got >12% reward through this trade.
I still keep monitoring the price/volume interaction after sell out. Recent volume development is good.
25,26,29 Aug indicate 3...
just broke out from "VCP pattern" with huge volume and now retraced and took support on "50ema" and also made "inside bar".....
it can be a good swing trade....
only for education purpose, do your analysis before investing.
BJFOOD setting up VCP with below contraction:
Chart further stand solid after the split. Volume look decent lately on 15th and 19 Sep. Let's see if able to breakout the C2, C3 and C1 as well.
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as...
Series of volatility contractions. Looks constructive. The Dow Jones Heavy Construction industry just made a multi-year and multi-decade new high.
Quanta Services is a leader in this industry.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
PBBank. Look like we have A VCP chart pattern. A chart pattern “refined” by famous Mark Minervini ( US 1997, 2021 investing championship winner) which got inspired by William J. O’Neil defined “Cup and handle” pattern..p/s or anything “chart pattern” you have “discovered/defined “? Making it “famous”?...Also the “cup & handle / VCP” pattern “closed” to 1 of...
I shared PANTECH chart back then in 30th March (link below). The breakout doesn't last long and sell out was triggered due to break support. This is a breakeven trade back then.
The chart that formed a double bottom. And recently higher low is observed with volume start to come in. QR look decent too. Will PANTECH further attack?
I shared GAMUDA VCP setup earlier on 15 July. Can check the link below.
Today i want to share the weekly chart setup for GAMUDA.
Chart forming back stage 2 starting March 2022. Blue line pointing up.
18 July weekly price breakout the primarily trendline. After breakout resistance, it will re-test the resistance as it support. (15 Aug that week)
* Very strong up trend on all time frames
* Great earnings in the recent quarters and in general
* Creating a base on base pattern for the past ~8 months
* Price is mostly keeping above its 50 day line since mid April with a few dips below
* Volatility is contracting with signs of accumulation
Sector: Consumer Defensive - Discount...